
"Prime minister Narendra Modi on Sunday appealed to Indians to reduce travel, hold off on purchase of gold and take to working from home in an effort to conserve fuel and foreign exchange in view of the shortages caused by the US-Israeli war on Iran."
"Addressing a public meeting, Mr Modi urged the citizens to increase the usage of public transport and electric vehicles, and revive the Covid-era measure of work-from-home. Asking the people to keep the country above all else, he said: Use metros wherever metros are available. Use carpooling to go to places, and use the railways if you have to transport goods."
"All of this will reduce dependency on petrol and diesel, and thereby cut the dependence on foreign currency. Stating that the Covid-era measures were the need of the hour, he asked people to revert to the methods developed during the pandemic, including virtual meetings and video conferencing."
"A jump in crude oil prices after the US-Iran peace talks hit a stalemate and Mr Modi's appeal spooked currency traders on Monday, sending the rupee past 95 per dollar."
Narendra Modi appealed to Indians to reduce travel and conserve fuel and foreign exchange due to shortages tied to the US-Israeli war on Iran. He urged citizens to increase public transport use, adopt electric vehicles, and revive Covid-era work-from-home practices. He recommended using metros where available, carpooling for trips, and railways for transporting goods. He said these steps would reduce dependence on petrol and diesel and cut reliance on foreign currency. He also asked people to revert to pandemic methods such as virtual meetings and video conferencing. After crude oil prices rose following US-Iran peace talks stalling, the rupee fell past 95 per dollar.
#india #energy-conservation #work-from-home #currency-and-foreign-exchange #public-transport-and-electric-vehicles
Read at www.independent.co.uk
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